Strategy: Buy H&R Block stock and offer to sell the June $14.00 strike or lower call for 29 cents over the intrinsic value. I will look to close out the covered option with a gain of about 11 cents, plus the quarterly dividend paid by the company.

If my shares are called away the day before trading ex-dividend (resulting from the option buyer wanting the dividend), I gain about 29 cents. The most I can make is 49 cents if I hold the covered call through option expiration day and the stock gets called away.